Benefits Analysis

Smarter benefits control costs while attracting and retaining the talent that drives your business

Our benefits analysis helps you take control. We assess your current program, uncover hidden inefficiencies, and recommend smarter, more strategic offerings that align with your business goals and employee needs.

The result: a cost-effective, high-impact benefits strategy that helps you hire better, retain longer, and spend smarter.

Maximize Value, Minimize Waste, and Align Benefits to Business Goals

Salary.com's consultants evaluate your benefits program through a strategic lens—ensuring it supports your business goals while staying cost-effective and competitive in the market.

Control Costs Without Undermining Value

Control Costs Without Undermining Value

We identify benefits that are overfunded, underused, or misaligned—so you can redirect spend where it matters most.

Align Benefits with Business Performance

Align Benefits with Business Performance

We help ensure your benefits support the core outcomes and behaviors that matter most to your organization.

Strengthen Transparency and Employee Trust

Strengthen Transparency and Employee Trust

We guide you in communicating benefits more clearly, so employees understand their value—and make choices that align with business goals.

Benchmark Against the Right Market Data

Benchmark Against the Right Market Data

We compare your offerings to targeted peer sets to ensure your program is competitive without overspending.

Simplify Administration and Reduce Risk

Simplify Administration and Reduce Risk

We help you streamline plan design, clarify policies, and implement changes that are transparent, legally compliant, and easy to manage.

Our Process: From Insight to Action

We tailor every benefits analysis to your organization’s size, industry, goals, and workforce demographics. Our process delivers clear, data-driven recommendations that are realistic to implement and aligned with your business objectives.

A typical engagement includes these core steps:

1

Data Collection & Initial Assessment

  • Conduct a review of existing benefits plan design, cost structures, and participation/utilization metrics. Analyze relevant documentation, including third-party administrator reports and available employee feedback. Establish an understanding of the organization’s total rewards strategy and business objectives.
2

Benchmarking

  • Perform a comparative analysis of current benefits offerings against industry peers and regional market standards. Evaluate competitiveness in core areas such as healthcare, retirement, wellness, paid time off, and fringe benefits. Identify areas of differentiation and gaps relative to market expectations.
3

Gap Analysis

  • Assess alignment between current benefits offerings, employee needs, and organizational goals. Identify inefficiencies, redundancies, and outdated plan elements. Highlight opportunities to reduce costs, improve perceived value, and enhance overall program effectiveness.
4

Strategic Recommendations

  • Deliver a detailed report outlining prioritized, actionable recommendations. Propose adjustments to plan design, cost allocation strategies, and communication methods. Include long-term improvement opportunities aligned with workforce planning and financial sustainability.
5

Implementation Support (Optional)

  • Provide optional support for change management, vendor coordination, and employee communications. Monitor success metrics post-implementation and offer guidance on program refinements over time.

Why Choose Salary.com’s Consultants

Diversified and Experienced Team

Our individual consultants have decades of experience in a variety of industries. We have the knowledge and skills to help you in your specific organization, industry, and circumstances.

High-Touch Communication

Clear communication is a cornerstone of our process, and we will be with you every step of the way. Our team of consultants are available to provide guidance and support.

Salary.com’s Powerful Solutions

We leverage Salary.com’s industry-leading total compensation management platform, making full use of its trusted data and award-winning compensation solutions.

An Extra Set of Hands

Serious analysis is a big undertaking that all too often gets pushed to the bottom of the to-do list. This is a mistake, and everyone knows it, but sometimes your internal team just can’t get the time. Our consultants provide the extra resources and expertise to implement your compensation initiatives.

Third-Party Neutrality

Bringing in outside help demonstrates your commitment to fairness, transparency, and impartiality. It also guarantees a level of discretion not always possible within an organization.

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It's Easy to Get Started

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